The Competition Commission of Singapore has recommended extending the liner shipping block exemption for another five years, and this week launched an exercise to gauge public feedback on the controversial ruling.
Krishnapatnam Port Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first vessel call of the Chennai-Colombo-Gulf (CCG) service, a weekly intra-regional loop operated jointly by Simatech Shipping and Evergreen Line
Rising charter costs and bunker prices might slow container lines' rate push. It has been a sobering fortnight for the liner shipping sector, with most of the freight increases from the May 1 general rate increases on several trade lanes disappearing fast
Container shipping lines are enjoying strong westbound traffic growth to South Asia and the Middle East, giving carriers a ray of hope at a time when the shared trunk services from Asia to Europe are struggling, Drewry reported.
Shipping businesses in China are finally emulating their Western peers by embracing the opportunities and challenges brought by the internet, cloud computing, and big data.
United Arab Shipping Co., a member of the Ocean Three Alliance, has taken delivery of the world’s greenest ultra-large container ship.
A new report from the International Maritime Organization warns that shipping emissions could spike 250 percent over the next 35 years.
It’s no secret that specialized carriers are losing refrigerated cargo market share to containerized carriers, but details about why it’s happening, how much cargo is really shifting and who ultimately will control which pieces of the market are less apparent.
The general rate increase announcements for early June are flooding in from carriers on the troubled Asia-Europe trade, even as a price war between the lines continues to drag down spot rates.
Shipping Corporation of India swung to $31.5 million net profit in fiscal year 2014-15, which ended March 31, from a $43.2 million loss in the previous year, driven by continued cost-cutting and improved freight earnings that helped compensate for a marginal decline in operating revenue.